Arca Continental de CV : 26 April 2019 EBITDA GREW 6.1% WITH NET INCOME UP 28.2% IN 1Q19
April 26, 2019 at 09:33 am EDT
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Monterrey, Mexico, April 26, 2019 - Arca Continental, S.A.B. de C.V. (BMV: AC*) ('Arca Continental' or 'AC'), the second-largest Coca-Cola bottler in Latin America, announced its results for the first quarter of 2019 ('1Q19').
Table 1: Financial Highlights
1Q19 HIGHLIGHTS
-Net sales reached Ps. 36,921 million, 2.2% higher than in 1Q18.
-EBITDA was Ps. 6,272 million, 6.1% higher than 1Q18 and representing a margin of 17%.
-Net Income rose 28.2% to Ps. 1,701 million, for a margin of 4.6%
COMMENTS FROM THE CHIEF EXECUTIVE OFFICER
'With a strong focus on strengthening our operating efficiency, execution at the point of sale, as well as a precise price pack architecture in the various markets in which we operate, in the first quarter of 2019, we reported EBITDA growth of 6.1% with a margin expansion of 60 basis points. Our dedicated team of associates has demonstrated their ability to overcome challenges and serve with excellence the needs of our customers and consumers', stated Arturo Gutierrez, Chief Executive Officer of Arca Continental.
'In line with this and despite high prices of several raw materials, our subsidiary in the U.S. posted positive results once again, thanks to an effective business plan and the realization of synergies, which has enabled us to improve our profitability and continue delivering favorable results for our shareholders'
About Arca Continental
Arca Continental produces, distributes, and markets non-alcoholic beverages under The Coca-Cola Company brand, as well as salted snacks under the Bokados brand in Mexico, Inalecsa in Ecuador, and Wise and Deep River in the United States. With an outstanding history spanning 93 years, Arca Continental is the second-largest Coca-Cola bottler in Latin America, and one of the top bottlers in the world. Through its Coca-Cola franchise, the company serves more than 123 million people in Northern and Western Mexico, Ecuador, Peru, and Northern Argentina. Arca Continental is listed on the Mexican Stock Exchange under the ticker symbol 'AC'. For more information about Arca Continental, please visitwww.arcacontal.com
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Arca Continental SAB de CV published this content on 26 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2019 13:32:05 UTC
Arca Continental SAB de CV is a Mexico-based company primarily engaged in the beverages sector. The Company's activities are divided into two business segments: Beverages and Other. The Beverages division produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company (TCCC) license in Mexico, Argentina, Ecuador and Peru, as well as dairy beverages of the Santa Clara brand name in Mexico and Toni brand name in Ecuador. Its TCCC beverages portfolio includes cola and flavored drinks, vitamin, low-calorie and energetic drinks, juices, as well as purified and flavored water, among others. The Companyâs brand names range comprises Ciel, del Valle, Powerade, burn, FUZE Tea and vitaminwater, among others. The Other division focuses on the sale of beverages through vending machines in Mexico, as well as manufacture and distribution of snacks and candies under the brand names Bokados in Mexico, Inalecsa in Ecuador and Wise in the United States.
ARCA CONTINENTAL, S.A.B. DE C.V. 
